Senators Query Reduction Of MTN $8.1bn Fine To $800m

The upper chamber of the National Assembly on Tuesday queried the rationale behind the plan by the Federal Government to reduce the $8.1 billion...

Teleology Takes Over 9mobile, Appoints New Board Of Directors

After series of twists and legal turns in the takeover process of 9mobile, Teleology Technology Limited on Monday officially took over the operational affairs...

Two Global Banks Close Offices In Nigeria

HSBC and UBS closed their offices in Nigeria. The Central Bank of Nigeria said this in a report on Friday as it revealed foreign...

NNPC: No Plan To Hike Fuel Price

The Nigerian National Petroleum Corporation (NNPC) has dispelled rumour of an impending review of pump prices of petroleum products, especially Premium Motor Spirit (PMS),...

NNPC Denies Funding Buhari’s 2019 Re-election Campaign

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, yesterday, denied cash transfer to the President Muhammadu Buhari Campaign Organisation for...

Nigeria’s Economy Performing Poorly – IMF

  ‘Inflation’ll rise to 13.5% in 2019’ Growth prospects in Africa are being held down by poor economic development in Nigeria, South Africa and Angola,...

CBN May Cut $8.1bn MTN Repatriation Demand

The Central Bank of Nigeria (CBN) may reduce the amount it has ordered South African telecoms firm MTN to repatriate as part of an...

Nigeria’s Exit From Recession Under Threat, Says CBN

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that weak economic fundamentals currently being shown by the Nigerian economy...

Breaking: CBN Revokes Skye Bank’s Licence

The Central Bank of Nigeria has revoked the operating licence of Skye Bank Plc with immediate effect. Governor of Central Bank, Godwin Emefiele, disclosed this...

FG Unveils Logo, Name Of New National Carrier

The Minister of Aviation, Hadi Sirika on Wednesday afternoon, unveiled the name and livery for the proposed national carrier in the United Kingdom. The nation...
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Army Lifts Suspension On UNICEF Activities In North-East

Onyema Nwachukwu,deputy director public relations of the army, disclosed this in a statement issued late Friday. Nwachukwu said the decision followed “intervention by well-meaning Nigerians”. He...

Police Uncover Fake Drug Factory In Lagos [Photos]

Operatives of the Inspector General of Police Intelligence Response Team (IRT) have uncovered an illegal factory where they produce fake drugs at No. 2...

Nigerian Army Sacks UNICEF, Claims It Trains Boko Haram ‘Spies’

The Nigerian army has suspended the activities of UNICEF in the north-eastern part of the country, accusing the humanitarian agency of working for Boko...
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